Top Dividend Stocks To Follow Now - October 2nd

Key Points

• The top five dividend stocks to watch as of October 2nd are Direxion Daily TSLA Bull 2X Shares, Pfizer, ProShares UltraPro Short QQQ, Exxon Mobil, and Merck & Co., Inc.
• These stocks are selected based on their high dollar trading volume and the potential for share-price appreciation along with a steady income stream from regular cash payments to shareholders.
• Each company, including pharma giant Pfizer and energy leader Exxon Mobil, operates in well-established industries with stable cash flows.

Direxion Daily TSLA Bull 2X Shares, Pfizer, ProShares UltraPro Short QQQ, Exxon Mobil, and Merck & Co., Inc. are the five Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that return a portion of their profits to shareholders in the form of regular cash payments, typically on a quarterly basis. Investors favor them for the combination of potential share-price appreciation and a steady income stream. These stocks often come from well-established companies with stable cash flows. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

Direxion Daily TSLA Bull 2X Shares (TSLL)

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Pfizer (PFE)

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women's health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.

Read Our Latest Research Report on PFE

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

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Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

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Merck & Co., Inc. (MRK)

Merck & Co., Inc. is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.

Read Our Latest Research Report on MRK